J. Bradford DeLong's Blog, page 2213

September 3, 2010

Not a Good Payroll Report

The BLS: "Nonfarm payroll employment changed little (-54,000) in August, and the unemployment rate was about unchanged at 9.6 percent. Government...'





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Published on September 03, 2010 05:36

September 2, 2010

links for 2010-09-02

Jan Brewer Speechless On Headless Bodies (VIDEO) | TPMDC

Jillian Rayfield: Jan Brewer Speechless On Headless Bodies (VIDEO): http://tinyurl.com/2dmsop4 #worthreading





Jan Brewer's Unmitigatedly Terrible Debate Performance - TIME NewsFeed

Governor Jan Brewer (R-AZ) needs to see a neurologist: http://tinyurl.com/2csynpr #worthreading





@delong bait: Taylor still doesn't...
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Published on September 02, 2010 21:05

Living in the Sprawl

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Published on September 02, 2010 13:52

Why We Would All Be Better Off If the Washington Post Shut Down Today: Another Example

Why oh why can't we have a better press corps?



The New York Times and the Washington Post cover Christina Romer's farewell address:




NEW YORK TIMES: Romer's Farewell: We Averted Another Depression: JACKIE CALMES: Christina Romer, the departing chairman of President Obama’s Council of Economic Advisers, is to say in a farewell speech today that the administration’s responses to the economic crisis it inherited averted “a second Great Depression” and kindled a slow recovery, according to...

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Published on September 02, 2010 10:26

Andy Harless Is Shrill

Looking at the bond market does that to you:




Employment, Interest, and Money: Bond Market Instability in a Liquidity Trap: [W:]ith bond yields having fallen significantly over the past few months, the Fed ought to get off its ass and start making credible threats to revive the economy before bond yields fall even more and reduce its ability to do so. For another thing, it means that we shouldn’t be too surprised to see the bond market behaving oddly. Whether or not one can reasonably call...

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Published on September 02, 2010 10:12

Joshua Green's Verdict on the Obama Presidency Mark I

Joshua Green:




Why the Stimulus Ran Out of Steam: The faltering recovery and the credibility this has cost the the White House will probably lose the Democrats one or both houses of Congress, making the insufficiency of the stimulus easily the most consequential error for an administration that has done a lot right. To appreciate how it happened, it's necessary to understand the twin imperatives that dominate White House thinking....



Barack Obama's [administration has a:] devotion to...

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Published on September 02, 2010 10:05

Here Comes Earl...

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Published on September 02, 2010 09:50

Liveblogging World War II: September 2, 1940

Destroyer deal:







Monday, September 2, 1940: Following the agreement made in July and later detailed negotiations, a deal is now ratified between Britain and the USA by which Britain gets 50 old destroyers, veterans of World War I, but desperately needed for escort work, in return for bases granted to the United States in the West Indies and Bermuda. Considerable modification will be necessary to make the ships ready for service...







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Published on September 02, 2010 09:36

September 1, 2010

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